# Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (recast) (Text with EEA relevance), Article 25: Refusal of authorisation

Extent: E+W+S+N.I.

Any decision to refuse an authorisation shall state full reasons and shall be notified to the undertaking concerned.
Each Member State shall make provision for a right to apply to the courts where an authorisation is refused.
Such provision shall also be made with regard to cases where the supervisory authorities have not dealt with an application for an authorisation within six months of the date of its receipt.

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Source: https://www.legislation.gov.uk/eudr/2009/138/article/25 (the official version)
Page: https://openlegislation.uk/eu-directive-2009-138/article-25
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.